Indonesia and South Korea to boost defense ties

10Mar

T-50 Golden Eagle Trainer Jet

Indonesia and South Korea have signed agreements to enhance cooperation in defense, alternate energy, labor and tourism.

The visiting South Korean President Lee Myung-Bak and his Indonesian counterpart, Susilo Bambang Yudhoyono, signed the documents in Jakarta Friday after discussing the situation in the Korean peninsula, climate-change and the ongoing global economic crisis.

Addressing a joint press conference with Yudhoyono, Lee said they had agreed to strengthen bilateral relations in defense and industry of defense.

The two East Asian countries planned to cooperate in the development of jet-fighter projects. Yudhoyono said they also agreed to boost investment and trade in oil and gas.

Trade between Indonesia and South Korea, which was $20 billion last year, will be further increased.
Lee will conclude his three-day visit Sunday.